Fed rate cut Archives - Financial Mirror

Euro declines on inflation miss, strong US jobs, safe-haven flows

The EURUSD currency pair is under pressure, trading in the 1.1060s on Wednesday, after the pair fell from 1.1135 on Tuesday, in a sell-off that amounted to a 0.60% one-day decline. Lower-than-expected

2nd October 2024

Markets/World

Markets react to Fed comments, important data ahead

By Naeem Aslam European and US markets traded a bit mixed Tuesday due to conflicted emotions following the Federal Reserve Chairman’s failure to meet market expectations on Monday night. But smart money

1st October 2024

Markets/World

Silver loses traction ahead of Powell speech

Silver is attracting some sellers to near $31.55 during the Asian session on Monday, with the improved risk sentiment in markets triggering some profit-taking in XAGUSD. Traders will keep an eye on

30th September 2024

Markets/World

Pound to outperform, euro to weaken on diverging rate policies

The British pound is primed for outperformance, while the euro faces continued downward pressure for the rest of 2024, predicts the CEO of a leading independent financial advisory and fintech. The deVere

27th September 2024

Markets/World

Markets await SNB rate decision, Powell and Lagarde

After witnessing a solid turnaround in U.S. markets on Wednesday, the Dollar pauses its recovery and remains in a consolidative mode heading into the European trading on Thursday. Traders turn cautious and

26th September 2024

Markets/World

BoE makes ‘another mistake’ by holding rates, Fed cut ‘welcome’

The Bank of England has made “another mistake” by not accelerating interest rate cuts, according to the CEO of a leading independent financial advisory and fintech. deVere Group’s Nigel Green spoke out after

19th September 2024

Europe/Markets/World

BoE up next as markets digest Fed rate cut

Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce monetary policy decisions, and later in the day, the US economic

19th September 2024

Markets/World

Euro-dollar trades flat after bumper Fed rate cut

The EURUSD pair is trading flat in the early European session on Thursday after the first cut in U.S. interest rates in four years. The major pair initially edged higher to monthly

19th September 2024

Markets/World

AI stocks to rally as Fed cuts rates for first time in years

With the Federal Reserve expected to cut interest rates for the first time in four years, the AI sector – which is experiencing a dip – is primed for a significant rally,

18th September 2024

Markets/World

Fed to decide on size of rate cut

The US Federal Reserve will conclude its two-day policy meeting and announce the interest rate decision on Wednesday. For the first time in a very long time, markets are unsure about what

18th September 2024

Markets/World